Enter your emailstrongly during 2022 still support strong gains for the US dollar against the rest of the other major currencies.
Highlighting the week leading up to my respective Thursday and Friday releases of US Q1 GDP data and the core PCE price index for March, the Fed's preferred gauge of US inflation and potential downside risks to the dollar this week.
Recently, Federal Reserve Chairman Jerome Powell blessed a half-point rate hike next month and signaled support for more aggressive tightening to curb inflation by noting that he saw advantage in "front-loading" policy moves. "I would say 50 basis points will be on the table for the May meeting," Powell told a panel hosted by the International Monetary Fund last Thursday in Washington that he shared with European Central Bank President Christine Lagarde and other officials.
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Daily_Forex - 🏆 567. / 51 Read more »